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Blockchain bonanza in merchant shipping

Despite the tremendous technological changes in past decades, shipping continues to be characterised by complex processes involving many people in areas related to booking, documentation, tracking & tracing and customs clearance. Can blockchain technology and the so-called smart contracts based on it help to make processes faster, safer and more efficient?

The current Flash Analysis "Blockchain bonanza in merchant shipping" (PDF, 32 KB, non-accessible), a product of the Central Analysis Department of KfW IPEX-Bank, examines several aspects relating to the topic.

Published: October 2019